Hillary Clinton is making the news this weekend based on a controversial quote she stated — that businesses and corporations don’t create jobs. The well-known Democratic figure slammed trickle-down economics as a theory that has ultimately failed and will continue to be unsuccessful for the American people in the future. Breitbart News describes Clinton’s debate-worthy statement and how people are responding to her political and financial claims.
In a speech given this week to a crowd of expectant listeners, Hillary Clinton gave her frank opinion on her economic beliefs. The former First Lady and potential 2016 presidential candidate was speaking at a Boston rally earlier this weekend sponsoring Martha Coakley, a fellow Democrat and current gubernatorial candidate. Basically, Hillary stated at the Park Plaza Hotel that anyone who believes businesses create jobs in the U.S. market is flat-out wrong.
“Don’t let anybody tell you it’s corporations and businesses create jobs,” affirmed the political figure.
Hillary Clinton went on to say that trickle-down economics is a failed theory that has been proven useless in the past. (What might Adam Smith have to say to that?) She cited her arithmetic skills as evidence to support her point, gathering laughter and applause from the crowd.
“You know that old theory, ‘trickle-down economics,’” the former First Lady went on Friday evening. “That has been tried, that has failed. It has failed rather spectacularly … You know, one of the things my husband says when people say ‘Well, what did you bring to Washington,’ he said, ‘Well, I brought arithmetic.”
According to Twitchy.com News, one of the reasons behind Clinton’s heated statement that mass corporation and business doesn’t create jobs was to support the idea that the minimum wage needs to be raised here in the United States. Although supporters at the event may have been in agreement with her economic line of thinking, Twitter was soon ablaze with comments both endorsing and condemning the statement. As shared by John Lovitz on the popular social media site:
“Hillary Clinton, ‘Don’t let anybody tell you businesses & corporations create jobs.’
Huh? That’s not trickle down, that’s who hires people.”
Several responders went on to tweet in reply: “She and Pelosi sold Obamacare as trickle-down prosperity. Now she disses the concept? SMH” … “@realjonlovitz idiocy of an epic magnitude.” Another, more positive response noted: “Hillary Clinton for President. She knows what she is talking about. #Hillary2016”
What is your response to Hillary Clinton’s quotes provided at the rally this October? Do you agree with the former First Lady’s decision to slam the theory of trickle-down economics, or do you believe that businesses do, in fact, create more jobs for hardworking Americans? There also has been no confirmation regarding Clinton’s possible bid to run for president in 2016, but there have been some supporters hoping for a Hillary and Michelle Obama running ticket.